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Greif (GEF) Cyclically Adjusted Book per Share : $25.77 (As of Apr. 2024)


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What is Greif Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Greif's adjusted book value per share for the three months ended in Apr. 2024 was $34.757. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is $25.77 for the trailing ten years ended in Apr. 2024.

During the past 12 months, Greif's average Cyclically Adjusted Book Growth Rate was 5.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 1.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Greif was 8.70% per year. The lowest was -1.00% per year. And the median was 3.95% per year.

As of today (2024-06-08), Greif's current stock price is $61.29. Greif's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 was $25.77. Greif's Cyclically Adjusted PB Ratio of today is 2.38.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Greif was 3.17. The lowest was 1.11. And the median was 2.46.


Greif Cyclically Adjusted Book per Share Historical Data

The historical data trend for Greif's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Greif Cyclically Adjusted Book per Share Chart

Greif Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.12 20.97 21.92 23.75 25.08

Greif Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 24.43 24.78 25.08 25.30 25.77

Competitive Comparison of Greif's Cyclically Adjusted Book per Share

For the Packaging & Containers subindustry, Greif's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Greif's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Greif's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Greif's Cyclically Adjusted PB Ratio falls into.



Greif Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Greif's adjusted Book Value per Share data for the three months ended in Apr. 2024 was:

Adj_Book= Book Value per Share /CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=34.757/131.7762*131.7762
=34.757

Current CPI (Apr. 2024) = 131.7762.

Greif Quarterly Data

Book Value per Share CPI Adj_Book
201407 21.423 100.520 28.084
201410 19.429 100.176 25.558
201501 18.599 98.604 24.856
201504 18.042 99.824 23.817
201507 17.814 100.691 23.314
201510 17.251 100.346 22.654
201601 15.952 99.957 21.030
201604 16.705 100.947 21.807
201607 16.698 101.524 21.674
201610 16.113 101.988 20.819
201701 16.234 102.456 20.880
201704 16.654 103.167 21.272
201707 17.547 103.278 22.389
201710 17.178 104.070 21.751
201801 18.455 104.578 23.255
201804 18.430 105.708 22.975
201807 18.917 106.324 23.445
201810 18.791 106.695 23.208
201901 18.891 106.200 23.441
201904 18.333 107.818 22.407
201907 18.907 108.250 23.016
201910 19.118 108.577 23.203
202001 19.635 108.841 23.773
202004 18.219 108.173 22.194
202007 19.196 109.318 23.140
202010 19.380 109.861 23.246
202101 20.245 110.364 24.173
202104 23.072 112.673 26.984
202107 24.326 115.183 27.830
202110 25.424 116.696 28.710
202201 25.050 118.619 27.828
202204 28.277 121.978 30.548
202207 29.020 125.002 30.593
202210 30.179 125.734 31.629
202301 31.630 126.223 33.022
202304 32.661 127.992 33.627
202307 33.901 128.974 34.637
202310 33.894 129.810 34.407
202401 34.480 130.124 34.918
202404 34.757 131.776 34.757

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Greif  (NYSE:GEF) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Greif's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=61.29/25.77
=2.38

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Greif was 3.17. The lowest was 1.11. And the median was 2.46.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Greif Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Greif's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Greif (GEF) Business Description

Industry
Traded in Other Exchanges
Address
425 Winter Road, Delaware, OH, USA, 43015
Greif Inc is a producer of industrial packaging products and services with manufacturing facilities located in many countries. It offers a comprehensive line of rigid industrial packaging products, such as steel, fiber, and plastic drums, rigid intermediate bulk containers, closure systems for industrial packaging products, transit protection products, water bottles and remanufactured and reconditioned industrial containers, and services, such as container life cycle management, blending, filling, logistics, warehousing, and other packaging services. The company operates in three reportable business segments including Global Industrial Packaging, Paper Packaging and Services, and Land Management. It operates in North and Latin America, Europe, Middle East, Africa and Asia Pacific regions.
Executives
Miller Frank Calhoun V director 425 WINTER ROAD, DELAWARE OH 43015
Vivian Bouet officer: VP Chief Inf & Digital Officer 425 WINTER ROAD, DELAWARE OH 43015
Patrick Gerard Mullaney officer: SVP, Pres. Global Industrial P 425 WINTER ROAD, DELAWARE OH 43015
Roel Vestjens director C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Anthony John Krabill officer: Corporate Treasurer 425 WINTER ROAD, DELAWARE OH 43015
Michael Joseph Taylor officer: Corporate Controller 425 WINTER ROAD, DELAWARE OH 43015
Matthew Douglas Eichmann officer: VP, Chief Mktg & Sust. Officer 425 WINTER ROAD, DELAWARE OH 43015
Kimberly Thompson Scott director 425 WINTER ROAD, DELAWARE OH 43015
Karen Morrison director 425 WINTER ROAD, DELAWARE OH 43015
Tina R. Schoner officer: SVP Chief Supply Chain Officer 425 WINTER RD., DELAWARE OH 43015
Kimberly Anne Kellermann officer: SVP, Global Operations Group 425 WINTER ROAD, DELAWARE OH 43015
Nicholas Joseph Petitti 10 percent owner 200 CIVIC CENTER DRIVE, SUITE 1200, COLUMBUS OH 43215
Robert M Patterson director 33587 WALKER ROAD, AVON LAKE OH 44012
Bala Sathyanarayanan officer: SVP, Chief Human Resources Off 425 WINTER RD., DELAWARE OH 43015
Vicki L Avril director 604 KENMARE DRIVE, BURR RIDGE IL 60527